First, this was clearly a mistake in a single store. We feel terrible about this because, as a company we are focused on helping, not hurting people affected by this terrible event. We are all deeply sorry that we gave anyone even the momentary impression that we were trying to take advantage of the situation.
Second, by way of explanation and not as an excuse: we don’t typically sell cases of water and don’t have pricing for it in our computer system.
MINNEAPOLIS, August 29, 2017 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the second quarter ended July 29, 2017 (“Q2 FY18”), as compared to the second quarter ended July 30, 2016 (“Q2 FY17”). The company reported GAAP diluted earnings per share from continuing operations of $0.67, an increase of 20% from $0.56 in Q2 FY17. Non-GAAP diluted earnings per share from continuing operations were $0.69, an increase of 21% from $0.57 in Q2 FY17. (
Best Buy announced Tuesday that it has donated $100,000 to Project SUCCESS through the Minnesota Super Bowl Host Committee Legacy Fund.
The donation supported the launch of the Project SUCCESS Institute, a learning center equipped with state-of-the-art technology to help Minneapolis teens complete courses for school credit, develop tech skills and earn certifications. Project SUCCESS works to improve middle and high school students’ academic achievement and future career success through hands-on experiences. Annually, the organization serves nearly 13,000 students.
“At Best Buy, we are committed to helping enrich people’s lives through technology.
In late 2016, a car pulled up in the transit circle on the Best Buy Corporate Campus in Richfield, Minnesota. In the passenger seat, was a person who was in the middle of a drug overdose. The driver was simply looking for help.
Our corporate security officers and volunteer members of the Campus Emergency Response Team assisted the patient until paramedics arrived.
That incident spurred action from the team that works to keep our campus safe. As a result, Best Buy’s security team recently became Minnesota’s first corporate partner to be certified to administer Naloxone for the emergency treatment of an opioid overdose.
Best Buy Chairman and CEO Hubert Joly on Tuesday signed the CEO Action for Diversity & Inclusion™ pledge. It’s the largest CEO-driven business commitment to advance diversity and inclusion within the workplace.
Best Buy recognizes that diversity within an organization spurs greater innovation, revenue growth and strategic-critical thinking.
“Best Buy strives to unleash the power of our people and utilize their unique talents, experiences, beliefs and backgrounds to create an engaging work environment best suited to fulfill our mission of helping our customers pursue their passions and enrich their lives with the help of technology,” Hubert said.
Summer is just heating up, but it’s already time to start to thinking about heading back to school.
Best Buy is teaming up with DonorsChoose.org this back-to-school-season to help underserved schools receive much-needed technology for their classrooms. We know that youth from underserved communities often lack access to technology at home, and that goes for schools in those communities, too. Learning how to use technology is essential to preparing the next generation of talented people our country needs to compete in the global economy.
Today Best Buy released its fiscal year 2017 Corporate Responsibility & Sustainability Report. What’s the big news? We set out to reduce our carbon emissions 45 percent by 2020 (over a 2009 baseline) and, at the end of 2016, we reached nearly 47 percent.
We are committed to addressing climate change. But that’s not all.
At Best Buy, we are focusing our efforts to positively impact the world in three areas: our communities, our environment and our people. It’s the work we call Best Buy for Good.
It seems innocent enough — someone says they’ll pay you for a retail gift card you haven’t used yet. They save a few bucks on the gift card, and you get cash you can use anywhere.
But beware. If you don’t know the buyer, there’s a good chance the offer might be a scam.
Fraudsters are ripping off people who want to sell their retail gift cards by stealing the card numbers and leaving them empty-handed. This isn’t isolated to Best Buy cards, but we have seen an increase in Best Buy gift card holders being targeted.
Unboxing videos — where people open and review new products — are an internet phenomenon, and a new app aims to make it easier for viewers to buy the tech gadgets featured in those mobile videos.
Packagd, a Silicon Valley startup, launched Unboxed in the Apple App Store on Thursday. The app fea
tures live, expert-curated shows that let consumers discover new products with authentic reviews. Users can interact with hosts and audiences through live chat and also buy products securely from retailers like Best Buy within the app.
The smartphone industry has changed significantly in recent years as the category as evolved because of changes like installment billing, unlimited data plans and the proliferation of prepaid and unlocked devices.
This shift has created more options and choice for consumers, but it has also made it more confusing and complicated to choose the right device and plan.
That’s why Best Buy is revamping the mobile departments in our stores and enhancing the online presence at BestBuy.com to create a better, easier, more seamless shopping experience for customers.
MINNEAPOLIS, May 25, 2017 — Best Buy Co., Inc. (NYSE: BBY) today announced results for the first quarter ended April 29, 2017 (“Q1 FY18”), as compared to the first quarter ended April 30, 2016 (“Q1 FY17”). The company reported GAAP diluted earnings per share from continuing operations of $0.60, a decrease of 13% from $0.69 in Q1 FY17, entirely driven by the large CRT settlement proceeds received last year which did not recur in Q1 FY18.
Climate change is a global issue that will only be solved through collective efforts. Best Buy is focused on reducing our own carbon impact, and helping our customers use less energy as well. Here are some of the ways we contribute to this effort: